The currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 0.000141390 is expected.
Caution: A possible change in the direction of the support line at 0.000136430 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000144630 |
| 2nd High | 0.000144250 |
| Next High | 0.000141390 |
| Current Price | 0.000143150 |
| Next Low | 0.000136430 |
| 2nd Low | 0.000133750 |
| 3rd Low | 0.000133520 |
0.000141390 – 0.000144250 – 0.000141920 – 0.000136430 – 0.000133750 – 0.000133520
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern